good news for her but good news for the mainstream media now it has something to latch on to look at this word of a bit of a sex scandal involving a politician in oregon a young woman who is accused congressman wu of oregon of inappropriate improper sexual encounter he's previously revealed that he is being treated for mental health issues and he apologized to staffers after sending out a photo of himself dressed as a tiger he said this picture right here of himself dressed up as a tiger right around the election was right around holloway in time. all right so they've got sex scandal allegations and a sketchy photo so are they looking to check off the boxes for a new political sex scandal to fill the void of another one that drove the twenty four hour news cycle earlier this summer everyone's focused on a scandal that has you know too many problems for its own good point sexting it takes to get all the start of the. you know what i must be a real scandal here you must've been doing something creepy here i don't want to

say with certitude to you something that i don't know to be the certain truth and then today more pictures the congressman it was cornered leaving you have no choice but that tearful confession when i. will gate certainly doesn't have the same party ring but maybe they will find a substitution as they may try to reignite a sex scandal to spice up ratings here's one missing on the mainstream media that maybe reignite your anger towards the banks and politicians especially if you've been foreclosed on or one of the thirty three percent of americans who believe that their home is worth less than their mortgage states are negotiating immunity for banks over foreclosures states attorneys are working to give major banks wider immunity over irregularities in handling foreclosures which basically means that even though banks are still using questionable practices that a coalition of all of the states attorneys all fifty of them are working on an agreement to. settled with five of the biggest u.s.

banks having them pay a penalty and commit to follow new rules but in exchange they would get immunity from civil lawsuits by the state and get similar promises from the justice department now we don't know yet if this would include criminal prosecution immunity from that but if history serves and you've been paying attention no one has really gone after criminal charges against these banks or against these guys anyway we saw one little fall guy but no c.e.o. has had to have rolled in criminal cases now this free pass would be granted even though reuters has found that banks have continued to shoddy practices in foreclosure cases even after promising regulators that they would stop them and this includes the widespread use of robo signing where lenders churn out foreclosure documents without even reading them with the robot signing signatures so watch out if you get one of those because you may not hear about it on the mainstream media and your state's attorney may be pushing or it is a pushing because all fifty are involved to allow banks to go unpunished but you

will know what david wu looks like in a tiger suit. well it's monday and if you didn't notice the debt ceiling debate continues to rage on in washington with still no deal this even though default looms with that august second deadline we're just days away and the political theater continues it seems to be taking up all the bandwidth for debate over the economy in washington and consequently on the mainstream media to everyone is focused on a couple trillion dollars that the u.s. needs to ratchet that ceiling using it as a pawn or a symbol of what's wrong with government spending or to really punctuate the point that the u.s. needs to rein in deficits meanwhile what is not getting the same play well how about this sixteen trillion dollars in loans that the federal reserve gave to some

of the largest financial institutions and corporations in the world revealed by the first ever top to bottom audit of the fed. where is the twenty four hour coverage of that and with the threat of default stock markets were supposed to tank today they didn't people said you know panic didn't happen maybe this isn't such a big deal but there may be reasons for that and we'll get into them but instead i want to focus on what the dollar did today it fell against the swiss franc showing a flight to quality and safety these days might be a flight away from the u.s. dollar which i'm pretty sure is still a problem and jobs though is still a problem too of course if you're one of the millions of unemployed i don't have to tell you that the economy is still shedding them as thousands of fresh layoffs at companies from blackberry to cisco are announced and their jobs are supposed to be figuring out how to get them back for obama he's been touted by the president well

his comp company just shipped an entire business of theirs to where else you don't even need me to complete that sentence he shipped it to china now anthony randazzo from reason he joins me now and i'm hoping that he can help me to really prove that these issues mean something that we should be focusing on things for even longer than i think it's nice to see it's a little machine good for you just don't do earth or did i say ok well i'm going to go i'm going to dump someone you know i think it will give them all. i'm pretty certain of your intellect but markets i want to start with that they didn't take today a lot of people expected they were going to that was very much the rhetoric going into this monday and they didn't but a lot of analysts that i was reading were saying because no one really thinks that the country is going to default the markets don't really think a deal is not going to be reached and if it is they think that bondholders will have their interest paid do you agree with that is that what you think we're behind that i think the general sense is that something's going to get worked out of what a actually at this point the question is is not will we put together something by

august second actually august second really isn't even the question because now there's talk of maybe it's august tenth or maybe even beyond that that's kind of our official deadline the big question is. even if we put together a deal the debt ceiling will the u.s. lose its credit rating agency because we've let it get so close that i think that's really what markets would be to begin to rust with anything that was lost today in the market the markets were down there was a flight out of the dollar to the swiss franc although that's been trending for a long time now so whether or not there has to do with this somewhat of a question what i think mostly i think it does i want to i think today that the bigger takeaway than the market's not plunging is that once again we saw gold rally we rank increase relative was dollar and the reason why i don't know if any of everybody for you know the average person watching let's clarify is that perceived as a flight to quality that's less frank being a flight to safety and a flight to quality definitely but you can also look at the u.s. dollar against say the pound which is meant traditionally seen as something more stable we actually gained against that today we're relatively stable against the

yeah and there's there's some question is that how much of this which is already been actually a trend over the past several weeks and years have been i mean the the franc a couple years ago was i mean to have a life worth one hundred percent less than it is now is a relative to the dollar it's really this is about a long term trend the question is i think that it's not we put together a deal it's are we going to lose a credit rating here aaa rating anyway that's what investors are trying to figure out they don't know what's priced as what because if we lose that aaa rating then that has some serious ramifications for a lot of debt everywhere because so much debt is anchored against that aaa things that people are starting to wrap their head around that our credit rating decreased is pretty much in the cards it's in the core of some point if it's not now and if we don't actually do with that problem the way it is right now then it's going to be in the cards by two thousand and fifteen because eventually our debt is going to reach a point where moody's and fitch and s. and p. can't justify giving us a aaa rating speaking of our dad i want to show

a little graphic that we have that shows just how much that looks like and dollars do we have that that is our debt in dollars it is a football field stacked up. about three quarters of the height of the statue of liberty everybody knows that the debt is monumental everyone is talking about that my question is why is that picture such a big story but the sixteen trillion dollars and loans that the fed gave out pretty much in secrecy because there was an audit not a big story that's more than that pile of dollars or will that mean that i mean the fed thinks should be a massive story it's almost as if apathy is the problem because you know someone says it to anybody watching i think you when you were sort of starting out as like oh you know there was some conflict of interest in what the fed did big surprise i mean how like how could there not be how could there not be one it was fly by night over the weekend deals billions of dollars getting shovel of trillions of dollars getting shoveled out of the fed and everybody in the fed is interconnected with people on wall street anyway i mean that's that's probably inescapable on some

level given the nature of regulators and their business but it's almost as if the mainstream media just looks at that and goes yeah big surprise the fed is sort of in such to us with the financial with the financial markets what i'm going to end with is why is it that raising the debt ceiling a couple trillion dollars is a huge story lawmakers use that is upon it have been a huge issue but sixteen trillion dollars in loans is a non-issue because one that is super scary is i think if you look at it from the media i'm not saying this is right i'm just saying from from the media's perspective they're looking at one which they which there is and basically they can say to anybody can think what they want you can think of we don't have a debt ceiling you know the whole world's going and what does that look like we don't even we don't even really know what you know what if we do to fall we actually don't honestly know what that would look like we can predict we don't know what that means we don't know if we hit the debt ceiling if that means we default so you can throw that story out there and the media is going to look at something like the federal reserve and those are loans in the past it's more corruption big deal if we don't have you know a big name like made off that we can link this to we're going to ignore it and it's

it's absolutely ridiculous because the real story that we should be focusing on is how does the government interact in a crisis and what what are we sort. basing our hopes and our entire sort of like economy on if we're so based on the government's aaa rating shouldn't we begin to assess how we can back away from that just in principle can we have that discussion yeah i think the discussion i want to have with you right now i want to ask that sixteen trillion dollars without a bailout for the rich it was you know a lot of it was a that was the bail out of the writers for every foreign are a great institution is a bailout i mean i would say it's a bailout for the banks that don't deserve it. at the time the government saying was a bail out for everybody because the argument was if we don't bail out the banks then it filters down into main street ok well where is the bailout for working people because a recent report from northeastern university showed that. as far as people that are getting the wealth and getting the profits from this recovery corporations they corporate profits captured eighty eight percent of income growth between the second

quarter of two thousand and nine and fourth quarter of two thousand and ten everyone else i think got like one per cent why are we bailing out corporations the first place i'm of the question is where is the bill for main street is why i am going any help in all of the financial in washington and then why our financial institutions have gotten help in the first place then but if they're going to show the spread a little bit more if it's but to help everybody. the question is then what do you do like are you supposed to start handing out checks to everybody because the bush administration tried that they handed out checks for everybody that didn't really save anything are we going to extend unemployment insurance beyond ninety nine weeks so that people can you know basically now that's more than two years of looking for a job what we clearly they can't find jobs and unemployment has gotten worse over that two years that would suggest that that's what's next if we're going to do something one thing we could do is we could incentivize moving to where there is a job and if there were china well there's been five people in with well there are three men there's a lot of prison labor there that we've got in my eyes two million job openings as of the last count here in the united states two million job openings that weren't filled because people are where the jobs are and that's partly because of the

housing market people can't sell their homes if we're going to do something if we have to do if there's going to be some kind of program let's just pay people moving costs to move where they can get a job really quickly and jack em up the jobs are the right person if it. on how to do that i was just at a whole business over to china well i mean i was younger nobody knows and i don't know i think is a terrible person for the job we should have a jobs are no jobs are and no more time for this but i would love to talk to you and happy hour i'm going to get to and still to come here the new ambassador to afghanistan says the u.s. is not interested in permanent military bases in the country really and the suspect in the twin terrorist attacks in norway appears to be a homegrown terrorists but sometimes the media here in the u.s. tried to blame muslims moments following the attack tonight we ask who should we really be concerned about when it comes to terrorist threats.

twenty years ago or just country. where did it take. well the u.s. just got a new ambassador to afghanistan today ryan crocker was sworn in as the new u.s. ambassador to the war stricken country and he's starting out with a bang already making some pretty strong statements first starters crocker has

already explained that there will be no rush to exit from the country and then he went on to say we have no interest in permanent bases in afghanistan we will stay as long as we need to. and not one day more what exactly does that mean and frankly that comment is caught many people off guard including myself because of all of the statements about staying however long we need to in afghanistan despite that two thousand and fourteen deadline after all there are plenty of reasons why the u.s. would have an interest in keeping a permanent base there first of all there's a sour relations between the u.s. and pakistan and then there's the fact that afghanistan itself is nowhere near stable in fact many predict that the country will descend into violence the second america reduces their presence in any significant way and listen to how senator lindsey graham proposed permanent stays in the country not too long ago under the right circumstances i think it would really secure the gains we've made to have a u.s. presence in afghanistan to air bases that would be beneficial to the afghan security

forces all the war in it as a way to make sure this country never goes back into the hands of the taliban. then there is of course the historical fact that the us has made a habit of building permanent military bases across the world and keeping them there for years and years and years and our war in afghanistan let me remind you has been the longest war in our country's history so all of a sudden we're going to defy all historical precedent in our longest war yet according the pentagon's bay structure report from two thousand and ten there are over a thousand u.s. bases worldwide let me remind you and anywhere between four hundred sixty and six hundred of those are abroad and as many point out nobody knows how accurate this number actually is because of the staggering amount of military bases that are kept secret under media blackouts but according to this map from research from the pentagon the u.s. either already has or is planning on creating bases on every continent on earth minus antarctica though antarctica gets

a free pass and that's not counting our floating military bases that keep guard on the atlantic and pacific oceans so while there's already a huge inconsistency in the official number of military a break bases abroad what is. about how the u.s. goes about choosing where to build military bases well when you look at that data it seems that anywhere america is engaged in a military conflict is pretty much fair game they've also left a base behind to south korea vietnam countries in europe and there's plenty of bases in the middle east to us has locations in saudi arabia and kuwait as well like camp virginia that's right even in the countries where we haven't officially waged war there is still some sort of a permanent military installation keeping all that in mind i think it's pretty safe to say that the us has no problem building wherever and whenever they feel the need to keep some boots on the ground after all the troops have to have somewhere to sleep they need to talk o.b.l. to eat i don't know if they'll talk of those so forgive me if i express my doubts

overclockers statement if history shows us anything argue that we'll have more than one base in that country for decades to come. now when reports of a terror attack in norway broke on friday after a bomb blew up near the prime minister's office in oslo and a shooter massacred civilians twenty miles away at a labor party youth camp it wasn't long before some of the mainstream media started instantly leaking the attacks to islamist terrorism to deadly terror attacks in norway and what appears to be the work once again of muslim extremists in oslo today which is where the nobel prize is awarded at least one some were even using the attacks to justify u.s. military spending on the war against al-qaeda and to decry cuts to defense spending but as the suspect was captured in the real facts started to come out turns out not an islamist extremist he was an ethnic norwegian described as a christian conservative reportedly driven to violence in response to what he

considered the threats of multiculturalism and muslim immigration and he was inspired by american bloggers such as pamela gallo who we've taken on on the show by the way now this was the man alleged. we responsible for one of the worst attacks in post war europe so this brings up the question once again of who are the real terrorist threats now i started to get into this last week on happy hour with jim hansen so he was nice enough to offer to come back to talk to me about this he's a retired special operation operations master sergeant and he's also a military blogger and black five dot net. thanks for being here good to see you alone good to see you so on friday you were saying that it was ridiculous for the department of homeland security to show white men and a video about terrorist threats because white men are not the threat islamist terrorism is the threat and then we have a norwegian man who kills seventy six people and is responsible for the worst massacre in norway's history does this change your mind what now i'm going to agree

with a loner who actually said that it was politically correct the homeland security was showing white males in this because at the time there was no reason when they made that they do said they weren't a threat oh i would say that you are going to show that they are a threat which is they can be a threat i think though that one guy is a drop in the islamist bloodbath it's been happening worldwide if you look at the number of terrorist attacks worldwide that have been committed by islamists about islam and in the name of jihad in the name of expanding the caliphate then it's dwarfed you know dwarfs the number of attacks by anyone other than those so i think it's fair to say that people like pamela geller said it's likely or one and lauren graham said it's likely that this was a member they claimed responsibility and not blame respond was i don't know it was i going through that claim responsibility. and then they quickly everything that but talking about on friday you also said that ninety five percent of the people killed by terrorists are killed by muslim terrorists. but to prove your point i

actually looked up on wikipedia that really known conservative web site and we could p.d.f. shows if you look at the terrorist attacks for the past three years well over ninety percent were conducted by islamists and more than ninety percent of the people killed were killed by muslim terrorists so yeah absolutely stand by those who are the victims the victims are overwhelmingly muslim which is the sad part so the united states should be at war and be most concerned about muslim extremism and fight to protect muslims abroad well that's that. good question i'm not sure i would say that our job as americans is to go ahead and protect every muslim in the rulebook that's not our problem but if you look at the terrorist threats that if you look at the terrorist attacks that have the united states over the past several years there were attacks by muslims killing in this case americans you know you go . on and you've got the guy who shot up the recruiting center in. the world trade center there let's talk about the world trade center because some of the statistics

you sent me about islamic terror you sent a website that you like and one heading said putting the numbers in perspective and quotes and it said that nineteen muslim hijackers killed more innocents in two hours on september eleventh than the number of american criminals executed in the last sixty five years do you think this proves what you're saying that islamic terrorism is the main threat to the u.s. i think car crashes are probably the threat as american as terrorists but i think you are absolutely i think islam is terrorism is far and away the number one thing most likely to kill americans in america or abroad and is that what justifies the united states war against terrorism and the heightened security against homegrown terrorism from the muslim threat absolutely i don't see why not i mean if you look at that if you look at who's being killed and if you look at the people who are threatening to kill us and actively making terrorist attacks i'm sure that's what we should be doing and i think it's not a question of muslims as a whole being blamed for this that's absolutely wrong and i disagree with anyone

who says that but where did they learn this where do they get radicalized they get radicalized in the mosques and they get rattled radicalized by the media let me ask you this in proportional terms norway has lost more people from this attack than america did on nine eleven and relative to norway's population this is from the economist a different source the two attacks taken together of a similar magnitude to this september eleventh hijackings in the united states so given that should does this mean that norway should use this to you know launch a war on homegrown terror from the threat of whites. he's angry about muslim immigrants i think and i think the guy in norway is an anomaly and if you take one attack which is all there was it was an extremely effective attack ok granted but this was a guy who claimed he was a knight templar i think that's an automatic there's a bloggers who write about the islamist threat to write his manifesto it's with about also coming from the unabomber which means he's deranged on both sides of the

fence i mean he was a nut ok and is the a terrorist oh absolutely absolutely and he is a domestic terrorist and i think it is fair for anyone to go ahead and scrutinize groups that go ahead and advocate violence in pursuit of any cause anyone who claims that killing innocents to to further a political cause is ok is a terrorist and i'm ok with doing that but if you look you have to look at the number of attacks and the overall numbers just because proportionally norway's a tiny country and this guy was horrendously horrifically effective doesn't mean that that compares to the thousands of attacks since nine eleven that have been conducted mind you i'm not on you are not you i was you're just going to be mcveigh. lofton was just about i'll give you a successful was the shoe bomber quite ineffective and so was the times square guy was in a photo complete he didn't have a warrant a complete change to airport security there is no one warrant completely changes in reaction i don't phrase with terrorists ok so you don't favor that and i don't

favor the t.s.a. security that's a joke but if you want to do that i would favor profiling people with specific countries of origin was specific travel patterns specific this is these and a specific religion so when you had the worst attack on your soil ever would you start profiling white christian right wing conservatives that it seems there's a pattern not a pattern that cited what but it's that it's the magnitude of the killings i don't think so i think just because he was really effective doesn't mean that he became a pattern of things that justifies profiling in our case we have had. number of attacks both abroad and in the us that were done by a specific group of people with a specific ideology once that happens you've got a pattern and profiling becomes in some ways appropriate what about his manifesto he was inspired by american bloggers like pamela gallo who've i've interviewed i know the way she operates and she cherry picks her facts and she cherry picks her statistics in order to support her cause you have done a lot of the same i would say with that ninety percent statistic which doesn't

refer to the muslim threat against americans to substantiate the threat of muslim stream extremists to america does this make you reconsider your ideology that you come on t.v. and talk about absolutely not i don't think i have an ideology what i have is a rational look at the facts and i'm not cherry picking anything when i look at the worldwide threat the worldwide threat is from one group of people they're readily identifiable and they have an ideology so anything we can do to identify them interdict them or capture them and kill them all in favor but i don't think that's the same as saying all of a sudden you know profiling a specific group for no reason. a specific group for no reason i have a reason and so does anyone else who looks at the facts rather quickly i don't have much time but someone a washington post blogger use this very quickly to say that defense spending cuts should not be on the chopping block she said because of the show the threat of al qaeda this is before you know we knew that this was a blonde norwegian that sort of thing do you think that the facts these days can kind of be used to support any kind of a political agenda people have i think they almost always are i think the defense

budgets the reasons why don't you be off the table you know blow norwegians don't make the ok but that's a whole other subject we have to go but jim you know i love you and i have no hard feelings i just want to take it out on some of those facts still ahead here a judge offer a glimmer of hope when it comes to the reporting industry trying to punish people over music piracy and courting latino voters president obama speaks at the national council of the raw but does obama's rhetoric match his record on issues important to the hispanic community we'll dive into that topic in just a moment. seven

thirty am in moscow these are your headlines thousands of protesters remain on the streets of madrid furious at spain's huge unemployment rate and the government's faltering attempts to deal with the financial crisis many say the international monetary fund and brussels are deciding the country's future as much as the spanish government. president obama appeals to the public to pressure congress into a compromise on a rival debt ceiling he has just days left before the u.s.

could potentially default on its debts for the first time in the country's history meanwhile secretary of state clinton is working to reassure asian investors that the government will meet its obligations and avoid triggering another global economic meltdown. and a vigil for the victims of norway but morry allies of those lost in friday's deadly attacks as the man who has confessed to the killings claims he is only one part of an extremist network anders breivik has been charged with terrorism but says he will not be guilty of the charges. part two of the alone a show coming up stay with us here on r.t. . ziska. the light will come down.

so fast you wires will be singing. ladies and gentlemen today there is a glimmer of hope in the world of technology by now we all know that the recording industry association of america which is also known as the r i a is out to get anyone who gets music through file sharing computer programs but a case in minnesota shows that there are at our i am campaign against americans might be facing a few obstacles you see jamie thomas ross it has been taken to court on three separate occasions by this organization and this time a jury decided that she would have to pay one point five million dollars for stealing twenty four songs off the file sharing site because a lot however there's a glimmer of hope the judge overseeing the trial thought that one point five million dollars fines seemed a bit much after all that means the defendant is paying sixty two thousand.